Analysts say Asda has been hampered by the cost of servicing debt taken on when Mohsin and Zuber Issa and TDR bought 90% of the group from Walmart, which still holds the remaining 10%, in a 6.8 ...

Asda posted pre-tax profits of £180m in 2023 from overall revenues of £25.6bn. The plans to lower prices have kicked off a wider price battle across supermarkets, with Tesco saying in April that ...